Commonwealth Equity Services LLC Increases Stock Holdings in Unilever PLC (NYSE:UL)

Commonwealth Equity Services LLC grew its stake in Unilever PLC (NYSE:UL) by 4.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 393,364 shares of the company’s stock after acquiring an additional 17,584 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Unilever were worth $23,011,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the company. Renasant Bank raised its position in shares of Unilever by 3.7% in the first quarter. Renasant Bank now owns 4,840 shares of the company’s stock valued at $270,000 after buying an additional 172 shares during the last quarter. Beaumont Financial Partners LLC grew its position in shares of Unilever by 2.5% in the second quarter. Beaumont Financial Partners LLC now owns 7,272 shares of the company’s stock valued at $429,000 after purchasing an additional 180 shares during the period. O Brien Greene & Co. Inc grew its position in shares of Unilever by 3.2% in the second quarter. O Brien Greene & Co. Inc now owns 6,249 shares of the company’s stock valued at $366,000 after purchasing an additional 195 shares during the period. BDO Wealth Advisors LLC grew its position in shares of Unilever by 3.4% in the first quarter. BDO Wealth Advisors LLC now owns 6,100 shares of the company’s stock valued at $341,000 after purchasing an additional 198 shares during the period. Finally, IPG Investment Advisors LLC grew its position in shares of Unilever by 3.6% in the first quarter. IPG Investment Advisors LLC now owns 5,717 shares of the company’s stock valued at $319,000 after purchasing an additional 200 shares during the period. Institutional investors and hedge funds own 8.67% of the company’s stock.

UL opened at $54.57 on Friday. The firm has a 50 day moving average price of $56.16 and a 200 day moving average price of $57.68. The company has a market cap of $143.48 billion, a PE ratio of 19.28, a price-to-earnings-growth ratio of 4.96 and a beta of 0.47. Unilever PLC has a 1 year low of $51.98 and a 1 year high of $63.89.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 8th. Investors of record on Friday, August 6th were given a dividend of $0.5031 per share. The ex-dividend date of this dividend was Thursday, August 5th. This represents a $2.01 dividend on an annualized basis and a yield of 3.69%. Unilever’s dividend payout ratio (DPR) is 70.32%.

Several research firms recently issued reports on UL. JPMorgan Chase & Co. cut shares of Unilever from a “neutral” rating to an “underweight” rating in a research report on Thursday, September 2nd. Zacks Investment Research cut shares of Unilever from a “hold” rating to a “sell” rating in a research report on Tuesday, September 7th. Finally, Deutsche Bank Aktiengesellschaft lowered Unilever from a “buy” rating to a “hold” rating in a research report on Thursday, September 16th. Four investment analysts have rated the stock with a sell rating and one has issued a hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Sell” and a consensus target price of $61.51.

Unilever Profile

Unilever Plc engages in the manufacture and sale of consumer goods. It operates through the following segments: Beauty and Personal Care, Foods and Refreshment, and Home Care. The Beauty and Personal Care segment offers skin cleansing, hair care, skin care, and deodorants categories. The Foods and Refreshment segment sells ice cream, savory, dressings, and tea.

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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